Demand for Data Scientists Extends Far Beyond Silicon Valley

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Silicon Valley Financial Centerby Angela Guess

Jennifer Foreshew of The Australian recently wrote, “Hiring specialists are scouting outside traditional IT fields for data scientists that have the higher level analytical skills that come from MA or PhD studies in mathematics and engineering, and in human and animal sciences. Harvey Nash managing director Bridget Gray said a data scientist in Australia could command a salary above $250,000. ‘People will do anything to get these people,’ she said. ‘I think in the private sector, when they see value in this business intelligence data piece, they will throw all sorts of silly things at these people because they have to compete’.”

Foreshew goes on, “Ms Gray said in the US, where the role was more established, companies were offering ‘top of the class type’ graduates a sign-on bonus of $US100,000 ($128,800) plus a $US200,000 ­salary. ‘There are people that fly these people for interview from Sydney to Silicon Valley via their own ­private jet,’ she said. According to Indeed.com, the world’s largest job search engine, there was a 77 per cent increase in data scientist jobs in Australia last year. Peoplebank Australia chief executive Peter Acheson said ­demand was coming from a number of sectors, ­including banking, telecom­munications, retail and government. ‘I think anybody graduating with a degree in mathematics and who has done well — there is a good future for them in that space,’ Mr Acheson said. Peoplebank has ‘dozens’ of data scientist vacancies from major IT users, while jobs site Seek has more than a hundred listed.”

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